Liquor Barn Income Fund announces March distribution



    EDMONTON, March 15 /CNW/ - Liquor Barn Income Fund (TSX: LBN.UN), a
leading operator of private liquor stores in Western Canada, today declared a
cash distribution of $0.0646 per trust unit ("Unit") for the month of March
2007. The distribution will be paid to unitholders of record at the close of
business on March 31, 2007 and will be payable on or about April 15, 2007.
    The Fund's policy is to pay cash distributions on or about the 15th of
each month to unitholders of record on the last business day of the preceding
month.
    The Fund also announced today a quarterly cash distribution of $0.1938
per subordinated unit to be paid for the quarter ended March 31, 2007 on or
about April 15, 2007.

    About Liquor Barn Income Fund

    Liquor Barn Income Fund is a publicly traded Canadian Income Fund that
owns a 61.4% interest in Liquor Barn Limited Partnership ("Liquor Barn").
Liquor Barn, which currently operates 59 liquor stores in Alberta and nine in
British Columbia, is a leading operator of private liquor stores in Western
Canada by number of stores. The Fund's Units trade on the Toronto Stock
Exchange under the symbol LBN.UN. Additional information about Liquor Barn
Income Fund is available at www.liquorbarn.ca or www.sedar.com.

    %SEDAR: 00023526E




For further information:

For further information: Dr. John Mather, Chief Executive Officer,
Liquor Barn GP Inc., (780) 462-0190 ext 315; Investor Relations Contact: J.
Leslie Wright, C.A., Chief Financial Officer, Liquor Barn GP Inc., (780)
462-0190 ext 310

Organization Profile

LIQUOR BARN INCOME FUND

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